Business
Don Urges FG To Expedite Talks With Militants
The Director, Centre for
Energy Studies, University of Port Harcourt, Prof Omowum Iledare, has advised the Federal Government to dialogue with the militants to avert further destruction of national assets.
Iledare gave the advice in a chat with newsmen in Port Harcourt, Monday.
He said early negotiation would save the country from further losses, explaining that this also would save the country the much needed revenue for developmental projects.
He noted that it would not be out of place to negotiate with the Niger Delta Avengers as the group was inflicting terrible losses in the Nigerian oil and gas sector, which he said was the main economic stay of the country.
Furthermore, he explained that the former President Goodluck Jonathan negotiated with the militants as well as late President Musa Yar’adua, “so I restated that it is alright for President Muhammadu Buhari to negotiate with them to bring the country out of this gloomy economic crises”.
The Professor, who is also a one-time president of the International Association of Energy Economists (IAEE), Nigeria Chapter, enjoined the FG to do everything within its power to resolve the problem of the destruction of oil and gas facilities in the region, which he stressed was affecting crude oil production and power generation due to lack of access to gas.
It would be recalled that the Niger Delta Avengers had bombed oil facilities belonging to Chevron, Shell Petroleum Development, Agip Oil Company and other multinational oil companies.
Tonye Nria-Dappa
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